Intelligent Investing

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The Dangers of Commission-Free ETF Trading

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The Dangers of Commission-Free ETF Trading

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On this episode of Intelligent Money Minute, we interview Matt Hougan, Chairman of Inside ETFs on the dangers of commission-free ETF trading. Recently, custodians have been offering commission-free trading on ETFs, but many believe this can encourage misbehaving. Matt lays out the big picture in regards to the market and the opportunity. During this episode, he highlights the benefit and the behavioral risk of commission-free trading. The benefit is that those paying commissions will experience a leveling of the playing field. On the flip side, the behavioral risk is resisting the temptation to trade more frequently. Just because you can trade something doesn’t mean you should.

The adage, “There’s no free lunch” continues to ring true today. Custodians will make money somehow, and it is important for you to understand that. Investors should be grateful for the recent drop in commissions, but there is a behavioral risk that is attached to commission-free trading. You can learn more about these dangers and the need for having an investor behavioral coach by visiting our philosophy page.

Matt Hougan Bio

Matt Hougan is one of the world’s leading experts on crypto, ETFs, and financial technology. He is Global Head of Research for Bitwise Asset Management, creator of the world’s first cryptocurrency index fund. Hougan is also Chairman of Inside ETFs, the world’s largest ETF conference. He was previously CEO of ETF.com, where he helped build the world’s first ETF data and analytics system. Hougan is co-author of the CFA Institute’s Monograph on ETFs. He’s also a crypto columnist for Forbes, and a three-time member of the Barron’s ETF Roundtable. For more resources from Matt Hougan click here.

 

Lessons Learned From The ETF Flash Crash

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Lessons Learned From The ETF Flash Crash

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On this episode of Intelligent Money Minute, we interview Matt Hougan, Chairman of Inside ETFs on lessons learned from the ETF flash crash. You’re right to realize that ETFs have different risks than mutual funds. Unlike mutual funds, ETFs trade like stocks so like all equities that day, ETFs traded down during the Flash Crash. There are ways to protect against those sharp downturns by avoiding sleeping limit orders which is true for stocks at ETFs. Once again, Matt Hougan reiterates that ETFs can have a lot of unique advantages compared to mutual funds, but it still requires sensible practices. 

There will always be trade-offs in life, and the same thing is true when it comes to trading, risk, and your financial plans. At Intelligent Investing, we have the ability to show you your financial plan and let you choose some of the trade-offs to see how it impacts your plan. For example, what if you were to retire a few years early, what if you wanted to increase your spending in retirement, or perhaps you want to leave a larger bequest as a lasting legacy. We have the ability to show you how changing each of these factors will impact your financial plan’s success rate, and we’d be happy to have a coffee or call to discuss this in detail.

Matt Hougan Bio

Matt Hougan is one of the world’s leading experts on crypto, ETFs, and financial technology. He is Global Head of Research for Bitwise Asset Management, creator of the world’s first cryptocurrency index fund. Hougan is also Chairman of Inside ETFs, the world’s largest ETF conference. He was previously CEO of ETF.com, where he helped build the world’s first ETF data and analytics system. Hougan is co-author of the CFA Institute’s Monograph on ETFs. He’s also a crypto columnist for Forbes, and a three-time member of the Barron’s ETF Roundtable. For more resources from Matt Hougan click here.

 

Reasons Mutual Funds May Make Sense in Your Portfolio

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Reasons Mutual Funds May Make Sense in Your Portfolio

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On this episode of Intelligent Money Minute, we interview Matt Hougan, Chairman of Inside ETFs on whether mutual funds make sense in your portfolio. Despite being the Chairman of Inside ETFs, Matt Hougan still believes mutual funds have great value in portfolios. For example, mutual funds can be great investments in the retirement space. His reasoning is due to the fact that tax efficiency isn’t as important during retirement and more privacy than ETFs. The inherent transparency of ETFs presents multiple trade-offs like less liquidity and the risk of daily disclosing of one’s portfolio. Some non-transparent ETFs exist, but they are relatively new.

At Intelligent Investing, we currently use mutual funds and ETFs in our portfolios. Since we are independent, we are able to build our own portfolios which drives out a lot of costs. One of our unique factors is to minimize fees, especially portfolio costs. To learn more about our firm and philosophies, visit here and consider scheduling a complimentary coffee or meeting.

Matt Hougan Bio

Matt Hougan is one of the world’s leading experts on crypto, ETFs, and financial technology. He is Global Head of Research for Bitwise Asset Management, creator of the world’s first cryptocurrency index fund. Hougan is also Chairman of Inside ETFs, the world’s largest ETF conference. He was previously CEO of ETF.com, where he helped build the world’s first ETF data and analytics system. Hougan is co-author of the CFA Institute’s Monograph on ETFs. He’s also a crypto columnist for Forbes, and a three-time member of the Barron’s ETF Roundtable. For more resources from Matt Hougan click here.

 

The Creation and Redemption Process of ETFs

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An Introduction to ETFs with Matt Hougan

Reading Time: 2 minutes

On this episode of Intelligent Money Minute, we interview Matt Hougan, Chairman of Inside ETFs on what ETFs are and how the ETF creation and redemption process works. ETFs have a unique creation and redemption process that differs from mutual funds. An ETF publishes a list of all the securities it wants to own at specified desired weights. A group of authorized participants will go into the market and buy all the desired stocks the ETF has listed at the desired weight. The beauty of this from an ETF perspective is that it essentially sits still with effective little effort and still receives the desired outcome. According to Matt, It’s an efficient batch process with potentially less risk. 

Matt said you don’t need to know how wifi works, as long as it works. However, you may be the “engineering” type who likes to dig into how things work. At Intelligent Investing we work with engineers and other executives and professionals who take time to understand our philosophy and processes. We’d love to let you open up the hood so we can show you exactly how our Intelligent Investing engine runs and how we’ve integrated over 30 technologies into the firm. To learn more, go here to schedule a complimentary call or meeting. We are excited to be interviewing Matt Hougan, and we have several more episodes where we explore the ins and outs of ETFs, bitcoin, and blockchain, so be sure to subscribe to our podcasts to hear all the interviews.

Matt Hougan Bio

Matt Hougan is one of the world’s leading experts on crypto, ETFs, and financial technology. He is Global Head of Research for Bitwise Asset Management, creator of the world’s first cryptocurrency index fund. Hougan is also Chairman of Inside ETFs, the world’s largest ETF conference. He was previously CEO of ETF.com, where he helped build the world’s first ETF data and analytics system. Hougan is co-author of the CFA Institute’s Monograph on ETFs. He’s also a crypto columnist for Forbes, and a three-time member of the Barron’s ETF Roundtable. For more resources from Matt Hougan click here.

 

An Introduction to ETFs with Matt Hougan

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An Introduction to ETFs with Matt Hougan

Reading Time: 2 minutes

In this episode of Intelligent Money Minute, we interviewed Matt Hougan, Chairman of Inside ETFs on the definition of ETF and how they compare to mutual funds. An Exchange Traded Fund (ETF) is a type of security with a collection of securities like stocks and typically tracks an underlying index. Although there are similarities to mutual funds, ETFs have distinct differences that may provide strategic advantages to a portfolio. Matt calls ETFs the modern version of mutual funds and highlights their potential tax advantages. The most significant difference between mutual funds and ETFs is ETFs trade like stocks. During this episode, Matt reveals what he coined the “hidden secret” of ETFs and why they don’t return capital gains.

At Intelligent Investing, one of our four unique factors is to minimize fees, and we believe taxes are another fee that should be minimized. You can learn more about what makes us unique by going to What Makes Us Different. We are excited to be interviewing Matt Hougan, and we have several more episodes where we explore the ins and outs of ETFs, bitcoin, and blockchain, so be sure to subscribe to our podcasts to hear all the interviews.

Matt Hougan Bio

Matt Hougan is one of the world’s leading experts on crypto, ETFs, and financial technology. He is Global Head of Research for Bitwise Asset Management, creator of the world’s first cryptocurrency index fund. Hougan is also Chairman of Inside ETFs, the world’s largest ETF conference. He was previously CEO of ETF.com, where he helped build the world’s first ETF data and analytics system. Hougan is co-author of the CFA Institute’s Monograph on ETFs. He’s also a crypto columnist for Forbes, and a three-time member of the Barron’s ETF Roundtable. For more resources from Matt Hougan click here.

 

College Planning Through 529 Plans- October 2, 2020

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Topic- Maximizing College Savings through 529 Plans

Tax-favored savings accounts known as 529 plans can help families save and invest to pay for college. For 18 years, Future Scholar has helped South Carolina families reach their financial educational goals for their children. The highly-rated 529 college savings program continues to provide numerous benefits such as tax advantages, investment options, and flexibility of use that enable families to save for their loved ones’ futures. 

There have been a lot of changes to college savings and 529 plans due to the COVID-19 CARES Act and the SECURE Act that was passed in late 2019. Thanks to the CARES Act, payments are temporarily suspended for federal student loan borrowers with direct loans or parent PLUS loans. Under the Secure Act, approved in December, up to $10,000 can be used to repay student loans, and the law also allows 529 funds to be used for apprenticeships. 

On October 2, 2020, South Carolina State Treasurer, Curtis M. Loftis, Jr. addressed changes to 529 Plans. He also talked about ways parents and grandparents can maximize their savings potential while decreasing their taxes through contributions to the SC Future Scholar program.

Bio- Curtis M. Loftis, Jr.

Curtis Loftis is the State Treasurer of South Carolina. He serves as the state’s “private banker,” managing, investing, and retaining custody of more than $50 billion in public funds.

Treasurer Loftis is a nationally recognized advocate for public pension reform, a cause he has championed since taking office in 2011.

As state treasurer, he returned $190 million in unclaimed funds to South Carolinians, more than all previous state treasurers combined. Under his supervision, the state’s Future Scholar 529 College Savings Plan has tripled with total assets under management of $4.2 billion and more than 180,000 accounts. He chairs the State Board of Financial Institutions and is also the administrator for the Palmetto ABLE Savings Program, which provides South Carolinians with disabilities the opportunity to open tax-advantaged 529-A investment accounts without fear of jeopardizing their existing benefits. 

Coronavirus’ Impact on Markets and The Economy- April 3, 2020

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Topic

On April 3rd at noon, Hans Blake, CFA, CPA will host a virtual Zoom videoconference call on the Coronavirus (COVID-19) and the impact it has had on markets in recent weeks. He will share what we are observing around the world from an economic standpoint and where there may be opportunities. He will also share some of the emotional and behavioral biases we all have and how you can prevent yourself from becoming your worst enemy when it comes to investing. Our goal is to minimize financial stress (especially in times of fear and worry). You won’t want to miss it! Please RSVP below to receive a link to the Zoom videoconference.

Hans Blake

Hans Blake, CFA, CPA Bio

Hans has worked with high-net-worth individuals and institutions around the world. He is a Chartered Financial Analyst® (CFA) and Certified Public Accountant (CPA) who managed over $350M before founding Intelligent Investing. Hans has spent his entire career helping people minimize financial stress to maximize their lives.

The Chartered Financial Analyst® charter is considered by many to be the gold standard among financial professionals. Less than 20% of those who start the process ever become CFA® charterholders. Hans writes financial articles and gives public Intelligent Talks. He has been interviewed by The Greenville News, The Greenville Business Journal, NPR, and has appeared on WYFF News 4 to talk about the markets and portfolio management. 

First Friday Networking at Noon (RSVP)

If you'd like to join our next First Friday Networking at Noon event, please RSVP below. We look forward to networking with you soon.

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What the SECURE Act Means to Me- March 6, 2020

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Topic

The Setting Every Community Up for Retirement Enhancement Act of 2019, better known as the SECURE Act, which originally passed the House in July, was approved by the Senate on Dec.19, 2019, as part of an end-of-year appropriations act and accompanying tax measure, and signed into law on Dec. 20 by President Donald Trump. The far-reaching bill includes significant provisions aimed at increasing access to tax-advantaged accounts. Join us as Hans Blake, CFA, CPA will discuss how the SECURE Act impacts retirees, beneficiaries, parents, and employees, and where there may be opportunities. Be sure to RSVP below to reserve your spot.

Hans Blake

Hans Blake, CFA, CPA Bio

Hans has worked with high-net-worth individuals and institutions around the world. He is a Chartered Financial Analyst® (CFA) and Certified Public Accountant (CPA) who managed over $350M before founding Intelligent Investing. Hans has spent his entire career helping people minimize financial stress to maximize their lives.

The Chartered Financial Analyst® charter is considered by many to be the gold standard among financial professionals. Less than 20% of those who start the process ever become CFA® charterholders. Hans writes financial articles and gives public Intelligent Talks. He has been interviewed by The Greenville News, The Greenville Business Journal, NPR, and has appeared on WYFF News 4 to talk about the markets and portfolio management. 

First Friday Networking at Noon (RSVP)

If you'd like to join our next First Friday Networking at Noon event, please RSVP below. We look forward to networking with you soon.

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